Qualcomm Stock Slips as Some Revenue Growth Disappoints
1. Qualcomm's Q3 revenue was $10.37 billion, rising 10% year-over-year. 2. Stock fell 4% despite beating earnings estimates by 7 cents. 3. JPMorgan forecasts revenue growth to be constrained due to Apple loss. 4. Qualcomm's Q4 outlook aligns closely with analyst expectations. 5. Growing automotive and IoT sectors show promise for Qualcomm's future.